402 Main St, Tewksbury, MA 01876-2538
This exceptional 2.04-acre parcel of land in Tewksbury, Massachusetts, is zoned for General Business use. Located at 402 Main Street, 01876, Middlesex County, this property boasts 160 feet of frontage and a depth of 544 feet. The site currently includes an older brick ranch home featuring approximately 2248 square feet of living space, plus a finished 1200 square foot basement. The home has seven rooms, three to four bedrooms, and one and a half bathrooms. There is also a 2800 square foot commercial building (including basement) currently operating as a florist and greenery business (not included in the land sale price). The property's General Business zoning allows for a variety of uses, including, but not limited to, those detailed in the attached zoning documents. These documents are available upon request and include information regarding permitted medical and adult-use recreational marijuana sales. The asking price for the land is $3,000,000. Separate purchase options exist for the florist and greenery business and a combined land and business purchase. This presents a unique opportunity for developers and entrepreneurs seeking a versatile commercial property in a desirable location.
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Tewksbury Florist & Greenery (Bike/Boat/Book/etc) Store Florist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
COM · Tewksbury, MATewksbury. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.